Anonymous wrote:The admin just "exchanged" with SpaceX hundreds of acres of national wildlife in texas. I hope the IPO burns spectacularly and people riot.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Continued liberal derangement is amusing and sad to watch.
It has nothing to do with politics. SpaceX is an incredibly innovative engineering company. But Musk and the investment banks are burdening it with an absurd amount of financial engineering. To justify a 1.75 trillion dollar valuation SpaceX will need to grow by 60-fold in the next five years alone. And Musk is dumping some serious money losers like Xai into the SpaceX IPO. Xai lost more than 6 billion last year alone. Everyone knows this is all a house of cards. SpaceX, Anthropic, and OpenAI are being priced at more than 3 trillion dollars. That's nuts. When the AI bubble pops, it's going to be spectacular.
That's scary now that you put it that way. I'm OUT. Thank you for the info. I've lived thru too many crashes including 1987. When the market turns, it can be on a dime.
Yep.
Think about this:
- Palantir's trailing price/sales ratio (a measure of revenue vs. stock price) is ~65x - highest in the S&P 500
- NVIDIA's is ~20x, which is on the high end of the range for similar big tech companies.
- SPCX's implied P/S ratio is ~100x+
BUT! Palantir and NVIDIA are wildly profitable. SPCX, is not.
So SPCX will have a P/S ratio that is 50% higher than Palantir and 5 times that of NVIDIA. With no profit. There are no fundamentals, it is a pyramid scheme.
The trickle down effects could be devastating - huge implosion in the stock market; NASA has placed a huge bet that Starship will work soon in order to land Astronauts on the moon by the end of 2028. That is already in significant doubt because of the progress of the tech, but the SPCX IPO (and the rollup that led to it) could imperil the Artemis program. Bigly.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Continued liberal derangement is amusing and sad to watch.
It has nothing to do with politics. SpaceX is an incredibly innovative engineering company. But Musk and the investment banks are burdening it with an absurd amount of financial engineering. To justify a 1.75 trillion dollar valuation SpaceX will need to grow by 60-fold in the next five years alone. And Musk is dumping some serious money losers like Xai into the SpaceX IPO. Xai lost more than 6 billion last year alone. Everyone knows this is all a house of cards. SpaceX, Anthropic, and OpenAI are being priced at more than 3 trillion dollars. That's nuts. When the AI bubble pops, it's going to be spectacular.
That's scary now that you put it that way. I'm OUT. Thank you for the info. I've lived thru too many crashes including 1987. When the market turns, it can be on a dime.
Yep.
Think about this:
- Palantir's trailing price/sales ratio (a measure of revenue vs. stock price) is ~65x - highest in the S&P 500
- NVIDIA's is ~20x, which is on the high end of the range for similar big tech companies.
- SPCX's implied P/S ratio is ~100x+
BUT! Palantir and NVIDIA are wildly profitable. SPCX, is not.
So SPCX will have a P/S ratio that is 50% higher than Palantir and 5 times that of NVIDIA. With no profit. There are no fundamentals, it is a pyramid scheme.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Continued liberal derangement is amusing and sad to watch.
It has nothing to do with politics. SpaceX is an incredibly innovative engineering company. But Musk and the investment banks are burdening it with an absurd amount of financial engineering. To justify a 1.75 trillion dollar valuation SpaceX will need to grow by 60-fold in the next five years alone. And Musk is dumping some serious money losers like Xai into the SpaceX IPO. Xai lost more than 6 billion last year alone. Everyone knows this is all a house of cards. SpaceX, Anthropic, and OpenAI are being priced at more than 3 trillion dollars. That's nuts. When the AI bubble pops, it's going to be spectacular.
That's scary now that you put it that way. I'm OUT. Thank you for the info. I've lived thru too many crashes including 1987. When the market turns, it can be on a dime.
Anonymous wrote:Anonymous wrote:Anonymous wrote:SpaceX is valued at 100 years of earning currently. That is crazy.
My mistake, not earnings, revenue! It’s not even turning much of a profit yet.
SpaceX makes money -- just not with AI added to it.